Headlines for Saturday, March 24, 2012

VW China exec to head sales at Opel

Opel has chosen veteran VW Group executive Alfred Rieck as its new sales and marketing sales boss. Read More »

Opel CEO rules out plant closures until end-2014

GM plans to keep all its Opel/Vauxhall plants open through 2014, GM Europe President Karl-Friedrich Stracke told a German newspaper. Reports that a German factory and a UK plant are scheduled for closure are "false," Stracke said. Read More »

Daimler-BYD to unveil EV sub-brand this month

Daimler and Chinese carmaker BYD will this month announce the name of their sub-brand for electric vehicles for China. Read More »

Electric-car revolution faces increasing headwinds

A string of setbacks and unfavorable news has led to questions about the readiness of electric cars and raises fresh doubts about a technology that has been around since the late 1890s but is still struggling to win over the public. Read More »

Japan's industry gets auto royalty in new spokesman with Akio Toyoda

Japan's auto industry association has tapped an unlikely -- but increasingly well-suited -- CEO to be its next chairman as the country's beleaguered carmakers battle falling sales at home and the hollowing out of their factories. Read More »